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Asia-Pacific to continue to drive yuan demand: HSBC

HSBC forecasts that trade settlement in the yuan will top 50 per cent of China's total trade by 2020


THE use of the Chinese yuan is expected to continue to be driven by Asia-Pacific markets - especially the Greater China region, an HSBC survey this week showed.

This comes as there are signs of divergence in demand for the Chinese yuan from companies in Asia-Pacific, when